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KiwiSaver funds saw mixed performance in Q1 2025, with trade tariffs impacting growth.
New Zealand's KiwiSaver scheme saw limited growth in the March quarter, with most funds experiencing losses due to US President Donald Trump's trade tariffs.
Despite declines in high-growth and balanced funds, annual returns across all categories remain positive at about 5-5.5%.
The Kernel Kensho Moonshots Innovation fund suffered the most, losing 23.1%, while SuperLife's Europe fund was the top performer, gaining 9.7%.
KiwiSaver's diversified investment approach helped mitigate market downturns.
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Los fondos KiwiSaver registraron un rendimiento mixto en el primer trimestre de 2025, con los aranceles comerciales afectando el crecimiento.